Every year at tax time I find many small businesses overlook these top 2 missed tax deductions...

Every year at tax time I find many small businesses overlook these top 2 missed tax deductions...

The Corporate Transparency Act (CTA) was passed to combat financial crime. The Financial Crimes Enforcement Network (FinCEN) issued a final rule for Beneficial Owner Information (BOI) reporting requirements on September 29, 2022. The BOI reporting requirements will become effective on January 1, 2024, and apply to reporting companies, including LLCs, and other similar entities. Reporting companies need to report information about their beneficial owners, including their legal name, address, and identifying information. Reports are filed electronically through a secure filing system on FinCEN's website. Failure to comply with the reporting requirements may result in penalties.

November 21, 2023, CHANGES! Discover the latest IRS updates affecting photographers! Learn about the delay in the 2023 Form 1099-K reporting threshold and the phased implementation plan for a $5,000 threshold in 2024. Stay informed with Bastian Accounting for expert insights and guidance on navigating these changes. Compliant AF for your financial peace of mind!

Sales tax can be super confusing for photographers. Sales Tax is different. I'll walk you through everything you need to know so you understand how to handle sales tax in your creative business.

Everything you need to know about the home office deduction including a free worksheet to help you figure which way to take the home office deduction.

2018 tax changes have completely removed the entertainment part of the "meals & entertainment" deduction more details here...

Many of my Photographer friends and clients in New York have been asking me about Sales Tax for Photographers so here it is ...

Did you know some of those meals may be tax deductible? I’m going to give you all the details on when and how to deduct meals as a Creative Entrepreneur..

So, what's the deal with receipts? How long should you keep your receipts, what counts as a receipt, what happens if you lose a receipt?Did you know there are special requirements for meals and gift receipts - We'll cover all of this and more.

If are self-employed or own a small business, chances are you have received or may need to issue what the 1099 I will show you exactly what a 1099 form is ...

Many times Creative Entrepreneurs overlook these top 5 tax oversights...

Anyone who works from home should understand the home office deduction...

Did you know you can deduct your business holiday party let me know you how...